South Dakota § 9-27-8 Proceeds of sale applied to payment of liens--Cancellation of unpaid balance.

South Dakota Statutes

§ 9-27-8 — Proceeds of sale applied to payment of liens--Cancellation of unpaid balance.

South Dakota § 9-27-8

Title 9MUNICIPAL GOVERNMENT

Ch. 9-27ACQUISITION AND DISPOSITION OF REAL ESTATE

This text of South Dakota § 9-27-8 (Proceeds of sale applied to payment of liens--Cancellation of unpaid balance.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.D. Codified Laws § 9-27-8 (2026).

Text

Such municipality shall hold real estate acquired pursuant to § 9-27-2 as a trustee for itself and any other taxing unit having a lien thereon, and upon a sale of said real estate all such liens shall be paid in their order of priority. When all the money received less costs has been applied upon the payment of the tax liens, if there be any unpaid balance left, it shall be canceled.

Free access — add to your briefcase to read the full text and ask questions with AI